Meta is pursuing a new frontier AI model, codenamed Avocado, that could be proprietary instead of open source, CNBC has learned. The company is trying to keep pace with artificial intelligence rivals ...

Meta Platforms remains a top pick, rated Buy, driven by robust ad revenue and strong Family of Apps performance. Heavy CapEx in AI and infrastructure is expected to fuel future margin expansion and ...

Meta Platforms (META) stock climbed 1.03% after acquiring Moltbook, an AI-focused social network, bringing founders into its Superintelligence Labs division.

Meta is eliminating more than 1,000 jobs in its Reality Labs unit, which works on virtual reality. Meta began notifying affected workers about layoffs starting on Tuesday morning. According to a Meta ...

Meta unveils four new AI chips as it expands its in-house hardware push, aiming for more control over AI costs, rollout speed ...

Meta Platforms may lay off up to 15,000 employees as it accelerates AI investments and data centre expansion, signalling a major shift in tech workforce strategy.

Executives have pointed to recent improvements in AI systems as one reason for the changes. In January, Amazon confirmed it would cut some 16,000 jobs, amounting to nearly 10% of its workforce.

Meta Lays Off 600 Employees in AI Division Amid Leadership and Strategy Shift Your email has been sent Meta is cutting roughly 600 roles from its artificial intelligence division to tighten control ...

WASHINGTON—The Internal Revenue Service is mounting a novel attack on Meta Platforms’ international tax maneuvers, seeking $16 billion in a move that extends and intensifies the decadelong fight ...

Facebook and Instagram parent company Meta’s agreement to acquire Manus for more than $2 billion — announced last night by both companies and reported in The Wall Street Journal — marks one of the ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Meta's nuclear strategy includes ...